Trump Accounts: A Complete (and Slightly Funny) Guide for US Families Trump Accounts: A Complete (and Slightly Funny) Guide for US Families
Trump Accounts are the latest government-backed savings initiative designed to help US families plan for their children’s future. Starting January 2026, eligible families can open accounts for kids under 18, receive a $1,000 government deposit, and contribute up to $5,000 annually. Funds can be used for education, housing, and healthcare—but not for that dream yacht named “YOLO.” Economists are divided: supporters say it boosts savings, while critics worry about inflation and budget strain. With tax perks likely on the horizon and flexible spending options, Trump Accounts could be a game-changer for American households. Applications will be available online and at participating banks. Ready to apply? Visit https://www.usa.gov/USA.gov for details.